BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Belgium, on behalf of Healthcare Property Fund Europe (HPF Europe), recently has acquired from Baltisse Real Estate nv/sa, all the shares of Wombat nv, Residentie De Vlamme nv, Zorgcampus Maasmechelen nv, Anima Vera nv and De Wandelgang nv, holding of five healthcare properties in Flanders, Belgium.
Four of the properties are located close or within the triangle of three major cities and areas — Brussels, Antwerp and Gent — while the fifth one is located in Maasmechelen, not far from Hasselt and Maastricht, close to the Dutch border.
The nursing homes are being operated by specialists in this domain. For all assets, triple-net agreements were concluded, of which the average remaining term is about 20 years. All are fully indexed on a yearly basis. Combined, the five sites offer about 33.000 square meters (355,209 square feet) with a capacity of 510 beds.
“Healthcare Property Fund Europe con